Market Trend Lab

I n today's market,   Bajaj Finserv, Bajaj Finance, HDFC Bank, and Axis Bank emerging as the top gainers. However, stocks such as Reliance,   Adanient, Adaniports , along with certain banking stocks, experienced declines. Video: We are on youtube .. please subscribe and share for more updates. Analyzing the 30-Minute Chart:   Analyzing the 30-minute chart of Bank Nifty reveals significant levels that can influence price movements. The 200 Simple Moving Average (SMA) currently stands at 44,053 , acting as a resistance level to watch. Additionally, the Point of Control (POC) near 44,000 indicates a substantial volume of trading activity around that price point. Furthermore, a curved trendline resistance is observed near 44,100 , suggesting potential hurdles for further upside movement . The Relative Strength Index (RSI) is currently at 56 , reflecting a moderately bullish sentiment. The ADX level of 15 indicates a relatively weak trend, while the D+ line remains ab...